Personal Lines Insurance Catastrophe Risk Product Manager
AAA
full-time
Posted on:
Location Type: Remote
Location: Alabama • Arizona • United States
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Salary
💰 $136,890 - $182,450 per year
About the role
- Shape personal lines catastrophe risk strategy
- Define and evolve our countrywide catastrophe risk management approach
- Establish concentration risk thresholds and portfolio diversification strategies
- Translate catastrophe model insights into actionable underwriting and pricing strategies
- Lead cross-functional initiatives
- Serve as the organizational quarterback for initiatives across underwriting, actuarial, reinsurance, analytics, and product teams
- Lead complex initiatives that strengthen portfolio resilience and growth
- Align business groups on strategy and drive execution through influence and collaboration
- Drive portfolio risk management
- Monitor catastrophe exposure and total insured values across geographies and perils
- Develop strategies to manage accumulation risk and improve portfolio diversification
- Project manage implementation of underwriting guidelines, product changes, and operational controls that support risk objectives
- Turn analytics into business decisions
- Interpret catastrophe model outputs and communicate their practical implications
- Drive organizational understanding on the impacts of inflation and macroeconomic trends to our total insured values and manage insurance-to-value of the book
- Team with reinsurance, actuarial, and capital management teams to evaluate catastrophe exposure and loss volatility
- Leverage catastrophe risk capabilities
- Find opportunities to improve catastrophe risk monitoring, reporting, and decision frameworks
- Lead initiatives such as improved accumulation management tools, coastal underwriting rules, or portfolio diversification programs
- Stay ahead of Insurance industry trends related to catastrophe risk, climate impacts, and emerging modeling approaches
- Serve as a catastrophe risk subject matter expert
- Provide guidance to internal business leaders on catastrophe risk implications and portfolio management strategies
- Communicate complex risk insights clearly to leadership and cross-functional teams
- Shape strategy by defining acceptable concentration risk thresholds and determining the markers for long-term success of our personal lines property book.
Requirements
- Bachelor’s degree in business, economics, finance, risk management, or a related field (or equivalent experience)
- 8+ years of experience in personal lines insurance product management, underwriting, catastrophe risk management, or related roles
- Strong understanding of catastrophe modeling outputs and how they inform insurance pricing, underwriting, and portfolio management decisions
- Demonstrated ability to lead complex cross-functional initiatives through influence rather than direct authority
- Experience developing strategies that balance growth, profitability, and catastrophe risk exposure
- Strong analytical and financial evaluation skills with the ability to interpret complex data and translate insights into business decisions
- Ability to operate across both strategic and tactical levels of a project
- Excellent written and verbal communication skills, including the ability to explain complex concepts to diverse audiences
- Strong organizational and project leadership capabilities with experience driving initiatives from concept through execution
- Solid understanding of insurance product mechanics, underwriting strategy, and portfolio management
- Ability to travel as needed for role, including divisional / team meetings, industry events, and other in-person meetings.
Benefits
- total compensation package
- annual bonus eligibility for most roles
- 401(k) with a company match
- flexible workplace culture
- opportunities for personal and professional growth
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
catastrophe risk managementcatastrophe modelingunderwritingportfolio managementfinancial evaluationdata analysisrisk assessmentinsurance pricingproject managementaccumulation risk management
Soft Skills
leadershipinfluencecollaborationcommunicationorganizational skillsanalytical skillsstrategic thinkingtactical executionproblem-solvingcross-functional teamwork